LG Cargo train, source: Lithuanian Railways

Lithuanian Railways will lose millions from EU sanctions on Belarus

Source: Lithuanian Railways

The Lithuanian Railways will lose approximately 24 million on yearly revenues due to the EU regulations imposing sanctions on Belarus. The losses concern the railway activities of LTG Cargo and LTG Infra that will see a reduction of 20 per cent in the transport of Belarusian fertilisers. Simultaneously, the oil products could reduce by half a million tons.

Do you want to read this article?

Create a free account and get access to all RailFreight Premium content until 1 May!

After this date your free account will automatically expire.

Author: Nikos Papatolios

Nikos Papatolios is editor of RailFreight.com, the online magazine for rail freight professionals.

Add your comment

characters remaining.

Log in through one of the following social media partners to comment.